PWER vs QQQ
Nomura Energy Transition ETF vs Invesco QQQ Trust, Series 1
Which is better, PWER or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. PWER led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 48.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PWER | QQQ |
|---|---|---|
| Expense Ratio | 0.79% | 0.18%Best |
| AUM | $13M | $486.1B |
| Dividend Yield | 0.80% | 0.44% |
| Holdings | 35 | 107 |
| YTD Return | +29.85%Best | +17.54% |
| 1Y Return | +52.14%Best | +25.59% |
| 3Y Return (annualized) | - | +24.63% |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 20.3% | 16.8%Best |
| Max Drawdown | -30.0% | -22.8%Best |
| $10,000 over 2.8 years | $19,020Best | $18,889 |
| Top 10 Weight | 48.6% | 46.5%Best |
| Fund Family | Nomura Asset Management Co Ltd | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 28, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 29, 2023 to Sep 4, 2026 (2.8 years).
PWER vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.8 years both funds cover.
PWER vs QQQ Performance
Nomura Energy Transition ETF (PWER) is an ETF from Nomura Asset Management Co Ltd and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PWER returned +52.14% while QQQ returned +25.59%. Year to date, PWER is up 29.85% versus a gain of 17.54% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PWER has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 16.8% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -30.0% for PWER and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.33. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PWER charges 0.79% per year while QQQ charges 0.18%. On a $10,000 position that is $79 vs $18 annually, a gap of $61 per year that compounds over a long holding period. On income, PWER currently yields 0.80% against 0.44% for QQQ.
Holdings Overlap
3.9% of PWER's money is in holdings QQQ also owns. 0.7% of QQQ's money is in holdings PWER also owns.
PWER and QQQ share little of their money.
2 positions in common, counted across the 31 positions we hold weights for in PWER and 102 in QQQ, against full books of 35 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for PWER (96.9% of the fund), and 19 for PWER that do not appear in QQQ (64.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of PWER and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PWER or QQQ?
PWER has an expense ratio of 0.79% while QQQ charges 0.18%. QQQ is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, PWER or QQQ?
Over the past year PWER returned +52.14% vs +25.59% for QQQ, so PWER leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PWER or QQQ?
PWER has been the more volatile fund at 20.3% annualized versus 16.8% for QQQ. Worst drawdown: PWER -30.0% vs QQQ -22.8%.
Should I hold both PWER and QQQ?
PWER and QQQ have a monthly-return correlation of 0.33, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PWER and QQQ?
3.9% of PWER's money is in holdings QQQ also owns. 0.7% of QQQ's is in holdings PWER also owns. They hold 2 positions in common, counted across the 31 positions we hold weights for in PWER and 102 in QQQ.
Which pays a higher dividend, PWER or QQQ?
PWER yields 0.80% while QQQ yields 0.44%, so PWER currently pays the higher dividend yield.
Is QQQ better than PWER?
QQQ has a lower expense ratio. PWER led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 48.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.